Agricultural Bank of China sets up $15 billion MTN program

By Marisa Wong

Morgantown, W.Va., Oct. 15 – Agricultural Bank of China Ltd. has launched a $15 billion medium-term note program, according to a notice.

Agricultural Bank of China (Hong Kong Branch), ABC International and Standard Chartered Bank are the arrangers for the Regulation S program.

Listing of the program on the Stock Exchange of Hong Kong Ltd. is expected to take effect on Tuesday.

Based in Beijing, the commercial bank has branches in mainland China, Hong Kong and Singapore.

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